General Trading Chat

[vivektrader]

 

[headstrong007]

Anyone observing Gold options?
MCX is clever enough, Gold strike difference is only 100.
That is only about 0.0033% when contract value almost 30,000.

Today volume and bid-ask ratio are pathetic, maybe most of the brokers not activate it yet. But liquidity in gold may be the serious problem. Still, 700 lots traded in the most active contract. Crude deserved the first chance.

Good news MCX said other options would be launched soon and
MCX waived of transaction charge on options until DEC 2017 (as per CNBC news).

 

[timepass]

anyone with me

Tomorrow we may see some fast and ferocious (may be) moves in NF and BNF
Likely to open gap up, which may be a big one in BNF and around todays high in NF

Well, nifty 3ema didn't touch for 3rd straight session, which means that a big move is in the offing. Considering the present mood, the big move is likely to be on the upside. But I can't say whether it will be a gap up.

Edit : And in Banknifty, 24500 seems to be providing the same kind of support that 24000 did.

 

[traderniftybull]

Wipro Q2 profit up 5.5%, constant currency revenue grows 0.3%; Q3 guidance disappoints

Wipro expects 0-2 percent dollar revenue growth for the quarter ended December 2017, which was lower than CNBC-TV18 poll of 1.5-3 percent.

http://www.moneycontrol.com/news/bu...rows-0-3-q3-guidance-disappoints-2414919.html

 

[traderniftybull]

Axis Bank Q2 profit rises 35% to Rs 432.4 cr, asset quality worsens; slippages at Rs 8,936 cr

The bank’s asset quality registered a sharp worsening as net NPAs came in at Rs 14,052 crore against Rs 9,766 crore in the previous quarter.

http://www.moneycontrol.com/news/bu...-worsens-slippages-at-rs-8936-cr-2414959.html

 

[Smart_trade]

Axis Bank increase in NPAs is a very serious concern. It only indicates that NPAs are on the increase and the bank has to provide much more for these NPAs in years to come....one needs to see how Axis Bank stock price reacts when the market opens for trading.

Smart_trade

 

[traderniftybull]

Axis bank chart is like

Cat of a wall position

Now it depends on them, where they want it to take. But it is about sure that there are 15/20 points at one or on both sides lol lol

 

[traderniftybull]

And so

DOW
clocked
23000

 

[Nikhil Dogra]

MCX Update :-


Call Volume:-

Put Volume:-

 

[vivektrader]

Axis Bank increase in NPAs is a very serious concern. It only indicates that NPAs are on the increase and the bank has to provide much more for these NPAs in years to come....one needs to see how Axis Bank stock price reacts when the market opens for trading.

Smart_trade

Axis bank sequential buy triggered on oct6, it gave a good 5% upmove, results (if any good) must have already shown up in price.